This growth was despite the short-term disruptions caused by the ongoing rollout of the floor space optimization, the retail deployment of the Windows Stores and the continued rationalization of non-core businesses, company said.

Best Buy CEO Hubert Joly said the third quarter top-line results make it clear that the company's focus on delivering our unique customer promises is starting to pay off.

"Looking ahead to the holiday season and beyond, our strategy is to continue to drive our Renew Blue transformation," Joly added.

Growth in mobile phones, appliances and notebooks was partially offset by expected declines in other categories, such as gaming, movies and digital imaging.

Comparable online sales increased 15.1% due to increased traffic, a higher average order value, a higher number of online orders in retail stores and higher inventory availability supported by ship-from-store and online distribution center expansion initiatives.

International revenue dropped 11.3% to $1.52bn, driven by a comparable store sales decline of 6.4%, loss of revenue from closed large format stores and the impact of adverse currency.

Image: Best Buy Corporate Headquarters is located in Richfield, Minnesota, a suburb of Minneapolis. Photo: Courtesy of Chad Davis.